Which of the Following Statements About Historical Unemployment Rate Is

question 3

Multiple Choice

Which of the following statements about historical unemployment rate is true?

• A) Since 1960 the average unemployment rate in the United States has been about 2 percent.
• B) Since 1960 the average unemployment rate in the United States has been about 10 percent.
• C) Since 1960 the average unemployment rate in the United States has been about 6 percent.
• D) The unemployment rate in the United States has never fallen below 6 percent.
• E) The unemployment rate in the United States is always above 5 percent.

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Definitions:

Flexible Position

A negotiator's ability to adjust their demands or stance based on the discussion's progress and the other party's needs.

Advantages

Positive or favorable factors or conditions that contribute to reaching a goal or achieving a desirable outcome.

Extreme Opening Offer

An initial negotiation position that is highly ambitious or far from what is ultimately desired, used as a strategy to shift the bargaining range.

Commitment

The state or quality of being dedicated to a cause, activity, or goal, often demonstrated through persistence and effort.